Nine dead, 25 missing as migrant boat sinks off western Turkey: coast guard
Nine people died after a boat filled with migrants sank off the western coast of Turkey and another 25 were missing, the Turkish coast guard said on Wednesday.
Wife of jailed Azeri banker is target of UK’s first Unexplained Wealth Order
The wife of a jailed Azeri banker, who spent more than 16 million pounds ($21 million) at luxury department store Harrods, was identified on Wednesday as the first target of new British powers to combat corruption after London’s High Court lifted an an…
Brazil prosecutors target far-right candidate’s economic guru: report
Paulo Guedes, the chief economic policy adviser to Brazil’s leading presidential candidate Jair Bolsonaro, is being investigated by federal prosecutors for allegedly taking part in fraud linked to the pension funds of major state-run companies, the Fol…
Swiss top court knocks down bid to extend banking secrecy
Switzerland’s highest court ruled on Wednesday that prosecutors cannot extend Swiss banking secrecy rules to all corners of the globe to pursue whistleblowers and other leakers at foreign subsidiaries.
Rome digs in over budget plan as pressure rises
Italy’s ruling coalition said on Wednesday it would not “backtrack” on plans to increase deficit spending, digging in against financial market and EU pressure and brushing off criticism from parliament’s budgetary office.
Turkish narcotics seizures surge, $460 million worth captured this year
Turkey seized more than $460 million worth of narcotics in the first nine months of 2018, authorities said on Wednesday, a surge from a year earlier as Turkey ramps up its fight against illegal drug trafficking.
Oxfam rejects Singapore defense of low taxes
Oxfam on Wednesday rejected Singapore’s defense of its low taxes after the NGO ranked the wealthy city state among the 10 worst-offending countries in fuelling inequality with its low-tax regime.
EU’s Barnier urges ‘decisive progress’ on Brexit for summit next week
The European Union’s Brexit negotiator Michel Barnier told the bloc’s executive on Wednesday that “decisive progress” was needed in negotiations over Britain’s exit from the bloc in time for a summit of all the 28 national leaders next week.
Swiss supreme court knocks down bid to extend bank secrecy
Switzerland’s highest court ruled on Wednesday against prosecutors seeking to extend the country’s bank secrecy law to cover whistleblowers wherever they are in the world.
Heavy rains, floods kill at least six on Spain’s Mallorca
At least six people including two Britons were killed as heavy rain and flash floods hit the Spanish island of Mallorca late on Tuesday, authorities said.
